On Demand Audio

Forms of Business Organization (Update)

(562 reviews)

Produced on November 21, 2017

Taught by
$ 59 Tax Law, Business, Corporate, & Securities Law, and Law Practice Management In Stock
Get started now

$299 / year - Access to this Course and 1,500+ Lawline courses

or

Course Information

Course Description

Choosing a business structure today is not as simple as just choosing to be incorporated or not. Currently there are a plethora of business structures available each with its own advantages and disadvantages to the owner and thus taxpayer. 

In this course, attorney and CPA Roman Basi guides attorneys and accountants through the six principal forms of business organization, discussing everything from Sole Proprietorships and LLC's to the Series LLC and Subchapter S Corporations. This program is a must-see for attorneys and accountants alike who want to learn more about various types of business entities and the different legal and accounting methods each one utilizes.


Learning Objectives:

  1. Recognize the myriad forms of business organization
  2. Identify how to start a sole proprietorship
  3. Maintain a general partnership
  4. Appreciate the function of a limited liability company
  5. Introduce the Series LLC, the new kid on the business block
  6. Define the different stock classes available in Subchapter C Corporations
  7. Foresee where the liability falls in a Subchapter S Corporation


Credit Information

After completing this course, Lawline will report your attendance information to {{ accredMasterState.state.name }}. Please ensure your license number is filled out in your profile to ensure timely reporting. For more information, see our {{ accredMasterState.state.name }} CLE Requirements page . After completing this course, {{ accredMasterState.state.name }} attorneys self-report their attendance and CLE compliance. For more information on how to report your CLE courses, see our {{ accredMasterState.state.name }} CLE Requirements FAQ .

Faculty

Roman Basi

The Center for Financial, Legal & Tax Planning, Inc.

Roman Basi graduated from Millikin University in 1997 with a Bachelor’s of Science Degree. In addition, Roman holds a Master’s in Business Administration and Juris Doctor from Southern Illinois University. Roman is a licensed Attorney in the states of Illinois, Missouri and Florida. Roman is a licensed Real Estate Broker in the State of Illinois. Roman is also a licensed Title Insurance Agent with Attorney Title Guaranty in Illinois. He is currently working towards obtaining his CPA license.

Roman has been published in the following trade journals:

   * Illinois State Bar Association - Section on Federal Taxation

   * Productivity

   * Agency Sales

   * Industrial Distribution

   * Supply House Times

   * Distributor Link

   * I.D.A. Management Journal

Roman is a member of the following organizations:

   * Illinois Bar Association

   * Federal Taxation Section Council

   * Florida Bar Association

   * National Association of Realtors

   * Illinois Association of Realtors

   * Egyptian Board of Realtors

   * Marion Chamber of Commerce

   * Marion Main Street



Reviews

PK
Paul K.

Excellent

HC
Heather C.

Excellent refresher - great, clear presentation with excellent illustrations. Thank you!

JB
Jeff B.

Great course! Thank you!

PE
Patti E.

Fantastic

HS
HYUNJI S.

The lecturer provided me with detailed information on forms of business organizations.

PD
Paul D.

Thank you!

BC
Bettye C.

Detailed and informative information presented.

TW
Tracy W.

Excellent presentation!

NZ
N. Theodore Zink, Jr. Z.

Roman clearly has command of the material.

DS
Daniel S.

Very solid.

LR
lawrence r.

very knowledgeable presenter

LW
Leslie W.

Very knowledgeable presenter!

TP
Tobias P.

I learned a few new things about business organization for my own practice. It was well worth the time.

WD
William D.

Well done.

EJ
Edward J.

well presented and thorough.

LK
Laurie K.

This is excellent. I plan to recommend this to all of the attorneys in our firm.

JT
James T.

Excellent speaker.

JW
Janelle W.

Good presenter. Lots of practice tips.

SH
Shauna H.

Amazing program

JK
Jacqueline K.

Very practical advice. Super clear presentation.

DR
Donald R.

Great course.

GF
Gerard F.

Excellent overview

LH
Leland H.

very good

Load More